Potential bullish rise?The Loonie (USD/CAD) is reacting off the pivot and could rise to the 1st resistance which is a pullback resistance that aligns with the 127.2% Fibonacci extension.
Pivot: 1.3690
1st Support: 1.3619
1st Resistance: 1.3856
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Forexsignals
Could the price reverse from here?USD/JPY is rising towards the pivot which is a swing high resistance and could reverse to the 1st support which acts as an overlap support.
Pivot: 148.53
1st Support: 145.89
1st Resistance: 149.73
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Falling towards major support?The Cable (GBP/USD) is falling towards the pivot which has been identified as an overlap support that lines up with the 61.8% Fibonacci retracement and could reverse to the 1st resistance.
Pivot: 1.3400
1st Support: 1.3319
1st Resistance: 1.3594
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce for the Fiber?The price is falling towards the pivot, which acts as a pullback support and could bounce to the 1st resistance, a swing high resistance.
Pivot: 1.1612
1st Support: 1.1538
1st Resistance: 1.1803
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDUSD Pullback in Play – Head & Shoulders Signals More DownsideNZDUSD ( OANDA:NZDUSD ) is currently trading near the Resistance zone($0.612-$0.605) and has also managed to break the Support zone($0.604-$0.602) . We consider the Support zone as the neckline of the Head and Shoulders Pattern .
In terms of classic technical analysis , NZDUSD has managed to form a Head and Shoulders Pattern .
I expect NZDUSD to decline towards the Support zone($0.5968-$0.5946) after completing the pullback .
Note: Stop Loss(SL): $0.6062
Please respect each other's ideas and express them politely if you agree or disagree.
New Zealand Dollar/ U.S. Dollar Analyze (NZDUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURUSD The 4H MA200 distinguishes bullish from bearish.The EURUSD pair has been trading within a (blue) 2-month Channel Up since the May 12 Low and it just broke below its 4H MA100 (green trend-line). The previous two Bearish Legs of this pattern bottomed (made a Higher Low) on or just above the 0.5 Fibonacci retracement level.
As a result, the price is very close to the most optimal buy level of this pattern and as long as it holds, we expect to start the new Bullish Leg and target the 1.5 Fibonacci extension (1.20000 our Target just below), which is in line with the previous two Bullish Legs.
If however the 4H MA200 (orange trend-line) breaks, we will take the loss on that long and go short as technically the price should seek the bottom of the (dotted) wider Channel Up. Our Target on that occasion will be 1.14000, right at the top of the High Volatility Zone.
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Skeptic | GBP/USD Update: Triggers Fired Up!Hey everyone, it’s Skeptic! ;) yesterday, the support at 1.35672 saw a fake breakout and snapped back into the 4-hour box we’ve been tracking. But bearish momentum is still strong, so here’s the play:
✔️ If you opened a short already , With the fake breakout signaling potential momentum shift, consider taking profits or closing if price consolidates above 1.36089. Why? The fakeout increases the chance of a momentum change.
✨ For new short positions , the 1.35672 break remains a valid trigger. If it breaks again, it could kickstart a major bearish leg, targeting lower supports at 1.35000 and 1.34227 —both strong reaction zones.
📊 The HWC is uptrend, so shorts need extra caution—reduce risk or take profits early.
📉 For longs , wait for a break and consolidation above 1.36406 . This level saw a strong rejection, signaling it’s a key resistance the market respects. A break here, liquidating short positions (which means buying), could spark a solid uptrend leg with great R/R potential.
🔔 Confirmation : Use RSI entering oversold for shorts or overbought for longs. The HWC uptrend means shorts carry higher risk, so tighten your risk management—stick to 1%–2% risk per trade.
🔼 Key Takeaway: Short at 1.35672 if it breaks again, long at 1.36406 with confirmation. Stay sharp for momentum shifts and keep stops tight. I’ll update if the market structure flips!
💬 Let’s Talk!
Which GBP/USD trigger are you locked on? Hit the comments, and let’s crush it together! 😊 If this update lit your fire, smash that boost—it fuels my mission! :)))
Which Way to GoHello students and traders, let us jump into a quick top down analysis of the EURUSD.
On the Monthly, we see that price is in a down swing. We have seen price recently go bullish, all the way into the Monthly zone, from where it has begun to reverse bearish. We expect price to hold bearish and continue to melt towards our Monthly liquidity target.
Weekly & Daily:
On the weekly and daily Time frames, we have a bullish setup. This bullish setup is what has helped in driving prices all the way up and into the Monthly refined reversal zone. The weekly timeframe is curently seeing a bearish reversal. With the price hitting the monthly zone, there is a low likelihood of price continuing bullish. The bearishness might just continue for a while.
4 hour and 1 Hour
On the smaler timeframes of the 1 and 4 hour timeframe, market is in a bearish swing. We see prices making lower highs and lower lows, a clear sign of a downtrend. We expect this bearishness to hold. Where that happens, we will see market in the longrun and on the lower time frames experience bearish reversals, with price untimately targetting the Monthly liquidity target.
AUDUSD: Pullback From Support 🇦🇺🇺🇸
There is a high chance to see a pullback from the underlined
key horizontal support on AUDUSD.
As a confirmation, I see a bullish imbalance candle on an hourly time frame.
Goal - 0.658
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Volatile Times for GBPJPY: What’s Going On Behind the Moves?Good morning, Guys,
I’m anticipating a new short opportunity on GBPJPY once the pair reaches my sell zone level. From there, my target is set at 197.934.
Every like from you is what truly motivates me to keep sharing these insights.
Massive thanks to everyone who shows love and support!
EURJPY SHORT – DAILY FORECAST Q3 | W29 | D14 | Y25 GAP SHORT!!!!💼 EURJPY SHORT – DAILY FORECAST
Q3 | W29 | D14 | Y25
📊 MARKET STRUCTURE SNAPSHOT
EURJPY is currently reacting from a key higher time frame supply zone, with price action showing weakness at premium levels. Structure and momentum are now aligning for a short opportunity backed by multi-timeframe confluence.
🔍 Confluences to Watch 📝
✅ Daily Order Block (OB)
Strong reaction and early signs of distribution.
Previous bullish momentum is losing steam; structure is flattening with rejection wicks forming.
✅ 4H Order Block
Break of internal structure (iBoS) confirms a short-term bearish transition.
✅ 1H Order Block
1H structure shift bearish
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
🏁 Final Thoughts from FRGNT
📌 The structure is clear.
The confluences are stacked.
Let execution follow discipline, not emotion.
USDCAD LONG DAILY FORECAST Q3 D14 W29 Y25USDCAD LONG DAILY FORECAST Q3 D14 W29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
📈 Risk Management Principles
🔑 Core Execution Rules
Max 1% risk per trade — protect your capital, preserve your edge
Set alerts — let price come to your levels, not the other way around
Minimum 1:2 RR — if the reward doesn’t justify the risk, it’s not worth it
Focus on process, not outcomes — the outcome is random, your process is not
🧠 Remember: The edge lies in execution, not prediction. Your strategy is only as good as your discipline to follow it.
🧠 FRGNT Insight of the Day
"The market rewards structure and patience — not emotion or urgency."
Execute like a robot. Manage risk like a pro. Let the chart do the talking.
🏁 Final Words from FRGNT
📌 USDCAD is offering textbook alignment — structure, order flow, and confirmation are all in place.
📌 The opportunity is there — now it’s about how you show up to execute.
🎯 Trade with clarity. Act with conviction. Manage with precision.
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPUSD LONG FORECAST Q3 D14 W29 Y25GBPUSD LONG FORECAST Q3 D14 W29 Y25
Welcome back to the watchlist GBPUSD ! Let's go long ! Alignment across all time frames.
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily order block
✅1H Order block
✅Intraday breaks of structure
✅4H Order block
📈 Risk Management Principles
🔑 Core Execution Rules
Max 1% risk per trade
Set alerts — let price come to your levels
Minimum 1:2 RR
Focus on process, not outcomes
🧠 Remember, the strategy works — you just need to let it play out.
🧠 FRGNT Insight of the Day
"The market rewards structure and patience — not emotion or urgency."
Execute like a robot. Manage risk like a pro. Let the chart do the talking.
🏁 Final Words from FRGNT
📌 GBPUSD is offering textbook alignment — structure, order flow, and confirmation all check out.
Let’s approach the trade with clarity, conviction, and risk-managed execution.
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Gold Price Analysis July 14Gold confirmed a break above the key 3330 level on Friday, opening a clear uptrend. The reaction at the 3368 GAP zone further strengthens the current bullish momentum. With the current market structure, the bias is leaning towards buying on corrections around support zones.
🔍 Technical levels to watch:
Support: 3345 – 3331 (potential buying zone)
Resistance: 3387 – 3400 (bullish target)
📌 Trading strategy:
BUY Trigger 1: Price tests and rejects the 3345 support zone
BUY Trigger 2: Buy around 3331 – strong support zone
🎯 Target: 3400
The current trend favors a buying strategy on reasonable price correction conditions. It is necessary to monitor price action around support zones to confirm effective entry points.
Bearish reversal off pullback resistance?The Swissie (USD/CHF) is rising towards the pivot, which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse to the 1st support.
Pivot: 0.8076
1st Support: 0.7879
1st Resistance: 0.8295
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Heading into pullback resistance?The USD/JPY is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support.
Pivot: 148.44
1st Support: 143.24
1st Resistance: 151.23
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off overlap support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 1.3375
1st Support: 1.3126
1st Resistance: 1.3758
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish continuation?The Fiber (EUR/USD) is falling towards the pivot, which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 1.1589
1st Support: 1.1448
1st Resistance: 1.1815
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish continuation?US Dollar Index (DXY) is risng towards the pivot which is a pullback resistance and could drop to the 1st support.
Pivot: 99.21
1st Support: 96.50
1st Resistance: 100.58
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off overlap support?AUD/USD is falling towards the support level which is an overlap support that is slightly above the 50% Fibonacci retracement and could bounce from this level too ur take profit.
Entry: 0.6546
Why we like it:
There is an overlap support that is slightly above the 50% Fibonacci retracement.
Stop loss: 0.6529
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.6590
Why we like it:
There is a pullback support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Falling towards major support?The Cable (GBP/USD) is falling towards the support which is an overlap support that lines up with the 78.6% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.3396
Why we like it:
There is an overlap support that lines up with the 78.6% Fibonacci projection.
Stop loss: 1.3318
Why we like it:
There is a pullback support.
Take profit: 1.3503
Why we like it:
There is a pullback support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off 50% Fibonacci support?EUR/USD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci support and could bounce from this level to our take profit.
Entry: 1.1632
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Stop loss: 1.1582
Why we like it:
There is an overlap support that is slightly below the 61.8% Fibonacci retracement.
Take profit: 1.1738
Why we like it:
There is an overlap resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.